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REGISTERED NUMBER: 07280846 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

ABSOLUTE PROJECT MANAGEMENT LONDON
LTD

ABSOLUTE PROJECT MANAGEMENT LONDON
LTD (REGISTERED NUMBER: 07280846)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

ABSOLUTE PROJECT MANAGEMENT LONDON
LTD

COMPANY INFORMATION
for the Year Ended 30 June 2023







DIRECTOR: Ms C L Hoad





SECRETARY:





REGISTERED OFFICE: 39 Theberton Street
London
N1 0QY





REGISTERED NUMBER: 07280846 (England and Wales)





ACCOUNTANTS: Stephen Farra Associates Limited
98 Hornchurch Road
Hornchurch
Essex
RM11 1JS

ABSOLUTE PROJECT MANAGEMENT LONDON
LTD (REGISTERED NUMBER: 07280846)

BALANCE SHEET
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,311 8,058

CURRENT ASSETS
Debtors 5 12,358 10,056
Cash at bank 38,888 83,637
51,246 93,693
CREDITORS
Amounts falling due within one year 6 49,227 84,360
NET CURRENT ASSETS 2,019 9,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,330

17,391

PROVISIONS FOR LIABILITIES 819 1,531
NET ASSETS 5,511 15,860

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5,411 15,760
5,511 15,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ABSOLUTE PROJECT MANAGEMENT LONDON
LTD (REGISTERED NUMBER: 07280846)

BALANCE SHEET - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 March 2024 and were signed by:





Ms C L Hoad - Director


ABSOLUTE PROJECT MANAGEMENT LONDON
LTD (REGISTERED NUMBER: 07280846)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Absolute Project Management London Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 9 ) .

ABSOLUTE PROJECT MANAGEMENT LONDON
LTD (REGISTERED NUMBER: 07280846)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2022 379 31,274 31,653
Additions - 632 632
At 30 June 2023 379 31,906 32,285
DEPRECIATION
At 1 July 2022 379 23,216 23,595
Charge for year - 4,379 4,379
At 30 June 2023 379 27,595 27,974
NET BOOK VALUE
At 30 June 2023 - 4,311 4,311
At 30 June 2022 - 8,058 8,058

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,732 3,667
Other debtors 1,626 6,389
12,358 10,056

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,562 -
Trade creditors 4,667 4,839
Taxation and social security 20,861 24,054
Other creditors 19,137 55,467
49,227 84,360

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £5,000 (2022 - £18,000) were paid to the director .

8. ULTIMATE CONTROLLING PARTY

The controlling party is Ms C L Hoad.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ABSOLUTE PROJECT MANAGEMENT LONDON
LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Absolute Project Management London Ltd for the year ended 30 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Absolute Project Management London Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Absolute Project Management London Ltd and state those matters that we have agreed to state to the director of Absolute Project Management London Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Absolute Project Management London Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Absolute Project Management London Ltd. You consider that Absolute Project Management London Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Absolute Project Management London Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stephen Farra Associates Limited
98 Hornchurch Road
Hornchurch
Essex
RM11 1JS


8 March 2024